Hawkish US Fed tone hits D-Street; Sensex slips 179 pts; IT stocks shine

A mild recovery post a gap-down start quickly dismantled during the last hour of the session as market participants offloaded metal and rate-sensitive counters

Image SI Reporter New Delhi
MARKET LIVE: Sensex dips 300 pts, Nifty below 15,700; India VIX up 4%

Stock market updates: A surprisingly hawkish tone by the US Federal Reserve -- where it guided for two potential rate hikes in 2023 -- crushed equities across the globe on Thursday as investors feared global central banks may hike rates sooner than expected.
...Read More

No article available in this category.

First Published: Jun 17 2021 | 8:08 AM IST

Explore News